| Broker | Address | Carrier | Commissions | Fees | Total comp | % of premium |
|---|---|---|---|---|---|---|
| MN HEALTH INSURANCE AGENCY LLC3 | — | BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS | $96K | — | $96K | 5.00% |
| MINNESOTA HEALTH INSURANCE AGENCY3 | 790 SOUTH PLAZA DRIVE SUITE 300 MENDOTA HEIGHTS, MN 55120 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $5K | — | $5K | 10.00% |
| GIS BENEFITS INC3 Filed as: GIS | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $492 | $492 | 0.94% |
| GIS BENEFITS INC3 | 445 MINNESOTA STREET SUITE 1500 ST. PAUL, MN 55101 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $216 | — | $216 | 0.41% |
| MINNESOTA HEALTH INSURANCE AGENCY3 | 790 SOUTH PLAZA DRIVE SUITE 300 MENDOTA HEIGHTS, MN 55120 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 10.00% |
| GIS BENEFITS INC3 Filed as: GIS | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $255 | $255 | 1.02% |
| GIS BENEFITS INC3 | 445 MINNESOTA STREET SUITE 1500 ST. PAUL, MN 55101 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $102 | — | $102 | 0.41% |
| MINNESOTA HEALTH INSURANCE AGENCY3 | 790 SOUTH PLAZA DRIVE SUITE 300 MENDOTA HEIGHTS, MN 55120 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $2K | — | $2K | 10.00% |
| GIS BENEFITS INC3 Filed as: GIS | 422 WAUPONSEE STREET MORRIS, IL 60450 | RELIANCE STANDARD LIFE INSURANCE COMPANY | — | $207 | $207 | 0.95% |
| GIS BENEFITS INC3 | 445 MINNESOTA STREET SUITE 1500 ST. PAUL, MN 55101 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $90 | — | $90 | 0.41% |
| MINNESOTA HEALTH INSURANCE AGENCY3 | 790 SOUTH PLAZA DRIVE SUITE 300 MENDOTA HEIGHTS, MN 55120 | RELIANCE STANDARD LIFE INSURANCE COMPANY | $966 | — | $966 | 10.00% |
No Schedule C service providers reported on this filing.
Benefits declared on the Form 5500 main form (✓ = also has a Schedule A insurance contract; otherwise the benefit is funded out of plan assets or via a Schedule C TPA).
The plan reports several different headcounts depending on which form you read. Each one measures a different slice of the population.
| Active participants | 254 | Currently employed and enrolled or eligible. |
| Retired/separated still receiving benefits | 0 | Continuation coverage (COBRA, retiree health). |
| Retired/separated still eligible | 0 | Vested but not currently using benefits. |
| Total participants (= "Plan participants" tile) | 254 | Active + retired/separated + beneficiaries. No dependents. |
| Coverage | Top carrier | Persons covered EOY | Premium |
|---|---|---|---|
| Health (medical) | BLUE CROSS AND BLUE SHIELD OF MINNESOTA AND BLUE PLUS | 197 | $1.9M |
| Life insurance(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 241 | $32K |
| Short-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 225 | $52K |
| Long-term disability | RELIANCE STANDARD LIFE INSURANCE COMPANY | 182 | $25K |
| Other(2 contracts) | RELIANCE STANDARD LIFE INSURANCE COMPANY | 241 | $32K |
| Persons covered (= "Persons covered" tile) | Max across the rows above | 241 | — |
Why the numbers differ. Form 5500 line 6 counts employees + retirees + beneficiaries; no dependents. Schedule A persons-covered counts everyone enrolled, including spouses and children, so it usually exceeds line 6 by 30-60% on a working-age workforce. The medical row is normally the broadest single line because it has the highest take-up; dental/vision/life often dip below it. Stop-loss / reinsurance contracts sometimes report the carrier's full underwriting pool rather than this filer's headcount; the row is shown for transparency but shouldn't be read as "people in this plan."
Broker compensation exceeds 5% of premium. Either a small-plan minimum-fee dynamic or an inefficient broker structure ripe for a counter-bid.
Top carrier holds >85% of premium. If that carrier hits a rate increase, the entire plan moves.
Premium per covered life exceeds 2× the peer median for this NAICS + size cohort. Either richly-funded plan or struggling with a bad rate.